ATHENS – The report of the Regulatory Authority for Energy on the energy companies’ excessive profits are in the government’s hands, State Minister Akis Skertsos stated on Monday in an interview with SKAI radio.

After being analysed, the government will announce its conclusions in the week, Skertsos said.

“What we are experiencing is not a price hike as a result of Mitsotakis or the government’s policy, but a price hike caused as a result of the geopolitical crisis and the pandemic that brought turbulence to the global economies,” he underlined.

According to the Regulatory Authority for Energy’s suggestions “we will see what has happend with the so-called excessive profits of the energy producers. With total respect for the RAE report, we will impose an extraordinary charge, practically a solidarity divident of the energy producers. In this difficult conjucture, they should also pay their share”.

Skrekas explained that the cost will be covered from three sources: the state budget, the revenues from the Energy Transition Fund and the revenues from the above mentioned charge.